REUTERS/Abhishek N. Chinnappa
Warren Buffett says he "blew it" when it came to passing on an early investment in Amazon, which became one of the world's leading companies.
He passed on Amazon in 1994, when it was founded, and nobody thought an online bookstore could work. He passed on Amazon again in 1997, when it had its IPO, which doubters thought would never take off.
Some of those doubters were temporarily right, too. In late 2001 and some of 2002, the stock languished below its IPO...